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10 Dollars - Elizabeth II Polar Bear
| Issuer | Cook Islands |
|---|---|
| Year | 2008 |
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| Composition | Gold (.9999) |
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| Obverse description | Right-facing diademed and draped effigy of Queen Elizabeth II after Ian Rank-Broadley, occupying the central field. The peripheral legend reads ELIZABETH II to the upper left and COOK ISLANDS to the upper right, following the coin's curvature. The denomination 10 DOLLARS is inscribed in the lower exergue. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Cook Islands has issued gold miniatures under licensing arrangements that allow it to produce legal tender coinage without maintaining a functioning domestic mint — a sovereignty-for-revenue model common among small Pacific island nations since the 1970s. This particular issue belongs to a series designed to compete directly with the Royal Canadian Mint's fractional gold market, targeting collectors who wanted .9999 fine gold in sub-gram denominations at a time when spot prices were climbing steeply toward the 2011 peak.